Draw horizontal line at the value of an indicator at the prior closing

[guidoisot]

Hello
How can one draw on the chart and use in the strategy builder horizontal lines corresponding to the prior day closing values of VWAP and its 3 std bands, (or any other indicator) either just for the current day (as shown on the attached image) or optionally leaving them on the chart also for the following days as long as they remain naked.
Thanks.

[NinjaTrader_PaulH]

Hello guidoisot,

Thanks for your post.

While the strategy builder could be used to access some of the elements of what you want to do, it would be beyond the strategy builders capabilities to accomplish your goals. What you want to do can be accomplished through ninjascript.

Regarding, "... horizontal lines corresponding to the prior day closing values of VWAP and its 3 std bands, (or any other indicator) either just for the current day... " In Ninjascript (or strategy Builder), on the first bar of the session, you could capture the previous bar values of the VWAP lines which would be the end of session values that could then be plugged into a Draw.Line() method where (In Ninjascript) you could then draw the line from the start of the session to the end of the session, in the strategy builder you could draw the line from the previous bar to the current bar repeatedly. I've attached a screenshot example of this using just the upper and lower STD 1 lines from session to session, as drawn by the strategy builder.

Regarding, "...optionally leaving them on the chart also for the following days as long as they remain naked." In Ninjascript, this option would add significant complexity but again could be done through Ninjascript. An example of such would be the Swing Rays indicator available in the NT user apps.

If you would like this strategy/indicator created for you, we can provide references to 3rd party coders who would be able to meet your needs.

[guidoisot]

Thank you.

[aligator]

Thank you.

I believe Harry may have such an indicator that plots previous day's (sessions, etc.) vwap levels (may even have a free version) with exposed values, just ask him here or check LizardIndicators.com.

Cheers!

[Harry]

Hello
How can one draw on the chart and use in the strategy builder horizontal lines corresponding to the prior day closing values of VWAP and its 3 std bands, (or any other indicator) either just for the current day (as shown on the attached image) or optionally leaving them on the chart also for the following days as long as they remain naked.
Thanks.

Basically you would need to add additional plots to the indicator and set the values as needed.

We have a MTF version of the VWAPs available that allows for displaying the VWAPs of the prior 3 days (you also may select other days or cumulated VWAPs over a N day period). Furthermore you may display the closing values of the standard deviation bands for the prior day. A screenshot is attached below.

All plots are exposed and can be used with the strategy builder. The indicator has also been tested with Bloodhound.




Please contact me via PM or at lizardindicators.com for further information.

[guidoisot]

Hello
Thank you for your replies.
What I am trying to get, at the end, is an alert from the market analyzer when price breaks the prior day (or 2 days ago) closing value of the outer border of either one of the 3 STD vwap zones. So far I have been able to get 3 STD rays extending to infinite on the right hand side, but I haven't found a way to tell the SB of extending these horizontal rays just until the end of the current day, point A, or until the end of the second day after the close, point B.
Then I should be able to move the logic obtained by the SB, possibly applied also to other indicators and not only to vwap bands, into an indicator and finally into a MA column.
Thank you.

in the meantime .. I could get the closing ETH - WVAP lines plotted on the chart, but I couldn't find out how to make these lines compatible with the Strategy Builder and the Market Analyzer.
Can anyone show how to modify the attached indicator in order to get that ?
Thank you.